Inchcape, the leading global automotive distributor, announced today that it has been appointed by Changan International Corporation (“Changan”) to distribute Changan vehicles in the Philippines. The distributorship will be operated by Inchcape Philippines, a joint venture between Inchcape and the CATS Group of Companies.
This partnership will leverage the strengths of both parties, including Changan’s advanced research and development capability, competitive products, superior services and supply chain, and Inchcape’s local market insight, rich experience of distribution and retailing, and advanced digital capabilities in delivering excellent customer experiences.
Tom Yin, Vice General Manager, Changan International Corporation, commented, “With global partnerships firmly embedded in Changan’s history, this agreement with Inchcape is a landmark step in Changan’s mission to pioneer auto culture and benefit human life. In charting the future of mobility, Changan is focused on a new-energy strategy which counts the completion of three major new special energy platforms and the complete electrification of all products among its goals. Combined with Inchcape’s excellence in market expansion and distribution, it is our shared ambition that more Filipinos enjoy the lasting safety that Changan automobile can provide.”
Alex Hammett, Managing Director, South Asia & Pacific, Inchcape commented, “We are pleased to join hands with Changan, a leading OEM to distribute their extensive and high-quality vehicle portfolio in the Philippines. This is an exciting milestone for us as we see strong growth potential in the Philippines and opportunities for shared success with Changan. This is a great example of our strategy in action, accelerating the performance of our mobility company partners, and Inchcape being the automotive distributor of choice.”
The deal will expand Inchcape Philippines’ distribution footprint in the country and builds on Inchcape’s well-established and growing presence within the Asia-Pacific region. From today, Inchcape Philippines will operate the distributorship across over 25 Changan dealerships and sales outlets in the country.
The distributorship will cover a fleet of Changan products such as the Alsvin sedan, the CS35 Plus compact crossover, CS55 Plus compact SUV, and premium models of UNI-T and UNI-K. Changan’s continued investments in new energy vehicle platforms also has the potential to expand Inchcape’s electric vehicle (EV) offering while Changan will enjoy the benefits of Inchcape’s strong track record of successful OEM market entries and industry-leading capabilities for data, digital, and technology services.
Lol Changan has been saved from the clutches of HARI before they get ruined like Hyundai before them. HARI as a distributor seems to be completely dead for good with this development.
ReplyDeleteHARI makes lots of money in selling Hyundai trucks and buses compared to selling Changan vehicles that are sold at a loss prices 😂😂😂
DeleteHari ng kaMAHALan...maybe now changan can have a reasonable priced to better compete
ReplyDeleteDon't expect competitive prices under CATS and Inchcape.They didn't reduce the prices of Dodge,Jeep,RAM,Mercedes Benz,Jaguar and Land Rover when Inchcape took over.It'll be business as usual and same pricing as they want to make more money from it easily.
ReplyDeleteHARI had enough of Changan vehicles that are hard to sell and the dealership network of it was slashed into half when Hyundai prohibited selling Changan vehicles on the same dealership premises.
Astara is much better so far in handling multiple car brands as GAC and Peugeot improved a lot under their management.
The aforementioned brands under Inchcape-CATS aren't mass market brands though. Consumers eyeing them have much more disposable income and are much less conscious about pricing. Changan, on the other hand, is a mass market brand with a very price sensitive clientele. Inchcape-CATS need to price competitively if they want this brand to succeed. Changan will be the partnership's first mass market brand, what they do with it remains to be seen.
DeleteDon't expect too much from Inchcape and CATS.
DeleteI remember CATS used to be one of the local distributor of Geely in the Philippines (Auto China) where they've bought the Panda,EC7 Emgrand,EX7 and a large sedan..It didn't last long as CATS and its business partner refuse to increase its dealership network.
Prices of Changan vehicles under Inchcape will be the same according to a salesman from a Changan dealership in my area.
Inchcape didn't promise that they'll reduce the prices of the vehicles and they only plan of adding new Changan EV vehicles.
But Changan Ph just recently opened its new headquarters in Calamba. The company invested heavily in the new site :(
ReplyDeleteIt seems Chinese companies are either taking over distributorships (ex. SAIC) or hiring international distributors (ex. GAC and Changan). Except for BYD which hired Ayala Corp as new distributor.
Ouch! HARI ng sablay talaga. What of the CEO's AVID leadership role since wala na siyang consumer-facing vehicle brand?
DeleteThat place will be converted into a Hyundai Trucks and Buses dealership 😂
DeleteHARI owns that property and they won't sell it to anyone as the back of it is the stockyard for Hyundai trucks and buses.
HARI is likely moving to another Chinese car brand like Kaicene which is focused on MPVs and LCVs or Wuling.
As usual Chinese government are still bullying our Coast guards in our Water Territory. They are theif stealing our areas. Now to Car industry it seems the same fate to their filipino partner investors, these Chinese Car companiese are taking away the rights of Pinoy counter part to get together in long business partnership after heavy investment in marketing campaign, setting up dealership etc. In just a few years everything is gone and the newly formed incoming company will reap the benifits of the company. In fairness to HARI and MGs Car Covenant they are lame duck and fooled. They should have given more time for at least 5years more to run the Changans and MGs vehicles respectively. China are forever Philippines main enemy.
ReplyDeleteBring back the CX70 SUV and the likes of CS15 Plus and Hunter F70 Pickup like in Changan Peru
ReplyDelete